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Sunday, September 1, 2019

August Dividends

August went by fast. But it was another solid month for me. Eleven companies paid a total of $44.52 in dividends. I can feel myself inching toward my first $50 month. This is an exciting year. A third child coming this month and still able to add to my dividends. Life is good.




GIS          5.39
T            12.24
CVS        6.00
DAL        1.61
ABBV     4.28
O             3.85
KMI        1.50
CAT        2.06
WELL     4.35
SBUX     2.88
INN         0.36

Saturday, August 3, 2019

Recent Buy LEG


I recently bought 8 shares of LEG for $38.75 per share. In a market where it is a challenge to find value this was a no brainer for me. This is a company I've been following for years. They make metal bed frames but all other furniture and manufactured parts that are featured in automobiles, homes, offices, and aircraft. They are extremely diversified working with a variety of different manufacturers and have been around since 1883. LEG's Dividend has increased for 47 years and the payout ratio is at just 61.1 percent. This for a stock that is currently yielding 4.15 percent. They have had a recent uptick in insider buys and their institutional ownership is 81.95 percent of the stock. Among 6 analysts 3 have LEG as a buy and 3 have it as a hold. The consensus 1 year price target is $46 per share, with a high of $52 per share.

Disclosure:

Long LEG

Wednesday, July 31, 2019

July Dividends

July is traditionally a slow month for me and this month is no exception. At some point I'm going to have to add more January, April, July, and October payers. Three companies paid a total of  $7.35 which is up 28 cents from last July. The difference was that both TIF and DIS raised their dividend.



TIF    $1.74
O       $3.85
DIS   $1.76

Disclosure: Long TIF, O, DIS



Saturday, June 29, 2019

June Dividends

June was again a busy dividend month for me. 17 companies paid me a total of $42.38. Less than a year into a new house and with a baby on the way, I haven't been able to contribute as much this year. But the slow snowball continues. Last year at this time my dividends were $33.96 or a 24.8% year over year growth. Below is a list of companies that paid me.


WFC           $3.15
HBI             $1.50
ADM           $0.35
UL               $0.92
DFS             $2.00
AMGN        $1.45
TGT            $6.40
EMR           $2.45
JNJ              $1.90
O                 $3.84
CMP           $3.60
DUK           $3.71
D                 $2.75
FLO            $1.90
GM             $1.14
PEP            $3.82
BAC           $1.50

Disclosure:
Long Everything

Recent Buy ADM

I recently bought 6 shares of Archer Daniels Midland @ 40.25 per share. This agricultural company processes oil seeds, corn, wheat, cocoa and other agricultural commodities. ADM has raised its dividend for 43 consecutive years. I had originally purchased a single share of this company 2 years ago as a placeholder. Now seemed like the right time to add to the original purchase. ADM sports a healthy yield of 3.43 percent and a low payout ratio of just 40.8 percent.

The company has gotten some recent bad press about its flour recall and long term it's helped by the artificial demand created by the government for Corn Ethanol. It also received some recent bad news about a recall related to an E. Coli outbreak. Long term ADM has a global network that give it an advantage over more local and regional competitors. It is diversified. As a major processor of soybeans.

Seven of 15 analysts currently rate ADM a buy or strong buy. The one year price target is $51. The current P/E ratio is 11.45.

Disclosure Long ADM

Disclaimer

Material presented on 'Dividend Seedling' is for informational and entertainment purposes only and is the opinion of the author (a social studies teacher and not a financial advisor). None of the information should be relied on or taken as investing advice or a recommendation to invest. None of the information or opinions expressed, constitutes a solicitation of the purchase or sale of any security or investment of any kind. Please do your own research before making any investments. Do not making any purchases unless you are prepared to lose your entire investment.



Saturday, June 1, 2019

May Dividends

Definitely an exciting May. Eleven companies paid me a total of $43.96. This is a record month for me. Last May I earned a total of 23.98 so it feels great to be able to nearly double that total. I wish I had more to invest. But it's nice seeing steady progress towards my goals.



T:         $12.24
GIS:     $ 5.39
CVS:    $ 6.00
ABBV: $ 4.28
O:         $ 3.84
KMI     $1.50
CAT     $1.72
DAL    $1.40
SBUX  $2.88
WELL  $4.35
INN      $0.36

Tuesday, May 7, 2019

Recent Buy WFC

Today I purchased 5 shares of WFC at 47.94 per share for a total of 239.70. I had been long looking at Wells Fargo. And today I had a chance to lower my cost basis and pickup a banking giant with 7 years of dividend growth a 3.82% yield and only a 39.4 percent payout ratio. WFC is down 20.76 off its 52 week high. 12 of 30 Financial analysts currently rate WFC as a buy or strong buy. Sure the company the company isn't without risk. It has a lot of mortgage exposure and is recovering from scandals. The company is also without a CEO. But overall their financials are solid. The current value mitigates the risk. I'm very happy with this purchase at the price I got it at. My forward dividends are now $365.46. Slowly but surely this is starting to turn into real money.

Disclaimer

Material presented on 'Dividend Seedling' is for informational and entertainment purposes only and is the opinion of the author (a social studies teacher and not a financial advisor). None of the information should be relied on or taken as investing advice or a recommendation to invest. None of the information or opinions expressed, constitutes a solicitation of the purchase or sale of any security or investment of any kind. Please do your own research before making any investments. Do not making any purchases unless you are prepared to lose your entire investment.

Disclosure Long WFC.

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August Dividends

August went by fast. But it was another solid month for me. Eleven companies paid a total of $44.52 in dividends . I can feel myself inching...